TIDMNTOG

RNS Number : 5545M

Nostra Terra Oil & Gas Company PLC

31 July 2017

31 July 2017

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Update on Settlement of Magnolia Shares

Further to Nostra Terra's announcements of 26 May 2017 and 5 July 2017, the Company announces that the transfer of 204,226,749 ordinary shares of GBP0.001 each in Magnolia ("Magnolia Shares") from Steven Snead and his family ("Snead Family") is currently being processed and is anticipated to complete in the coming weeks.

As announced on 5 July 2017, transfer of legal title was to have been completed by 31 July 2017 but has taken longer due to administrative delays in delivering certificated stock held in family trusts from the US.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, visit www.ntog.co.uk or contact:

 
 Nostra Terra Oil and Gas 
  Company plc 
  Matt Lofgran, CEO                    +1 480 993 8933 
 Strand Hanson Limited 
  (Nominated Adviser and Joint         +44 (0) 20 7409 
  Broker)                                         3494 
 Rory Murphy / Ritchie Balmer 
  / Jack Botros 
 Smaller Company Capital               +44 (0) 20 3651 
  Limited (Joint Broker)                          2910 
 Rupert Williams / Jeremy Woodgate

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

July 31, 2017 04:20 ET (08:20 GMT)

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